EUR/CAD – 30M – SELL

The currency pair Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 1.61878 is certain.

Caution: A possible change in the direction of the resistance line at 1.62281 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

1.62281 – 1.62919 – 1.63492 – 1.61878 – 1.6199 – 1.6252 —
55.519957576429 – 54.699072960149 —
97.575503355705 – 93.998881431767 – 99.191834451902 – 97.191461595824

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – –